Easily Replace Dropdown List from the Real Estate Sales Contract

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How to Replace Dropdown List from the Real Estate Sales Contract

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hey guys white and blue street city realty inc brokerage here in london ontario this weeks QA session with caustic polopolis casta this weeks question I guess has to do or so with savage direction and respect to this price so there was a scenario that came up with myself not too long ago we had an accepted offer and it was conditional pending the sale of all we gave them 60 days for a month but unbowed 850 my people started getting nervous needed and wanted to do a price reduction on their home the deal ended up forgot anyways but if it did would we have been able to do that you know thats a great question Mike so if I get this straight if you have a price a property thats listed at 299 9 thats safe for sale and you get an additional offer for 298 conditional on the sale of house six days for the bio to sell the house in order to provide this property for 10 98 30 40 days into the 60 days the sellers call you up as they look really want to move this property we would like to real

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When should you change a listing to pending?

Conversely, if the Seller or Landlord has a pending contract (Agreement of Sale) or a lease agreement on their property and they no longer want to accept back-up offers and/or showings, then the listing status should be changed to Pending.

How long is the protection in the usual Texas listing agreement?

30 days is common for a protection period. The protection period is completely voided if the seller enters into a new listing agreement with another brokerage you dont have to wait for the protection period to end.

How do I extend my listing agreement in Texas?

You can use the Amendment to Listing (TXR 1404) form to make changes to a listing agreement. The broker and seller can agree, effective on a date of their choosing, to a new listing price, to a new listing end date, or to cease and later resume marketing.

What is the difference between under contract and pending?

Under contract vs. sale pending: Whats the difference? While under contract typically means there are still contingencies left to clear, pending status usually means all contingencies have been met and the deal is on its way to closing. Pending listings are less likely to accept backup offers.

What does no exclusions mean in real estate?

Exclusions refer to fixtures which the seller does not want to include with the sale of the real property (real estate) but which otherwise would or should stay. Exclusion examples: there may be a light fixture in the dining room which is a family heirloom and the seller does not want to leave it with the house.

How many days are allowed for extending a listing that has expired?

An expired Listing may be reactivated if, within three (3) days after the original expiration date of the Listing, the Listing Broker: Files with the Service a notice of reactivation of the Listing and obtains written authorization extending the original expiration date signed by the Seller.

How long are most listing agreements?

Some of the most common lengths of time for listings include 30 days, 90 days, six months and one year. Your agent will typically expect you to choose one of these four options for your real estate listing agreement.

Can a seller terminate a listing agreement in Texas?

Brokers and their seller clients can agree to end any Texas REALTORS listing agreement by using the Termination of Listing (TXR 1410) form. Sellers and brokers can set the termination date and agree to the broker fees when the property is sold or leased.

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